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Property for sale information

 
Residence des Remparts  
Reference nr: JC520136
Description:

The residence is located only 300 metres from the fortified city of Carcassonne, and surrounded by chestnut trees from the 19th century.


This secure development residence offers an indoor swimming pool, a hammam and a fitness room. It includes 82 furnished apartments from studios to 2-bedroom apartments. The units include reversible air-conditioning and private parking. There is also a lift in each building.


There are two available options:


- 2 weeks use per year – rental yield: 4%
- Without use – rental yield: 4.5%


Delivery date: 2008


Easy access:

-by train: TGV links from Paris to Perpignan (Time: 5 hours) and Montpellier (Time: 3h30).
-by car: A 9, A 61, A 75
-by plane: Direct flights from Ireland to Perpignan airport (Flying time: 2 hours) and from London to Carcassonne, Montpellier and Perpignan airports (flying time: around 2 hours)

Key Figures

• 3rd tourist region in France
• 300 days of sun each year
• The highest national demographic growth
• 2nd industrial basin of the region
• One of the prime tourism and business centres of the region
• 1st European zone of AOC wine production


Carcassonne is a fortified French town, in the Aude department. The town is located 90 kilometres, about an hour drive, south-east of Toulouse. It stands in the gap between the Pyrenees and the Massif Central. Carcassonne is at the crossroads of two major traffic roads dating back to the most ancient times, from the Atlantic to the Mediterranean and from the Massif Central to Spain, skirting the Pyrenees.


From the Bastide Saint-Louis to the medieval walled City, Carcassonne has inherited 2,000 years of history and offers a wealth of monuments to visit and discover. In 1996, Unesco added the Canal du Midi to its list of "World Heritage" sites. In 1997, the Cité de Carcassonne in turn was awarded this distinction.


The town is divided into two quite separate parts. The Cité occupies a plateau on the right bank of the Aude. The Bastide Saint-Louis lies on the left bank.


Carcassonne is part of the triangle formed by Toulouse, Montpellier & Barcelona, which provides a host of tourist attractions including the famous vineyards of the Languedoc, and benefits from an exceptional sun drenched Mediterranean climate, just 60 kilometres from the Mediterranean coast. The city is easily accessible, with direct flights from UK and Ireland to Carcassonne airport with many budget airlines.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 106,444
1 1 124,683
2 1 227,539
Features:
City
Furnished
Private Swimming Pool
Submission Date:
10-12-2007
Last Update:
10-12-2007
Advertiser Details:


Name:
John Crawley

Company:
Oui Can Do

Phone:
+353 1 2110780
Fax:
+353 1 2110781
Mobile:

 
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Calculators

 
Property price: €106,444
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations